• Car Leasing

    What is a Defence Salary Sacrifice Agreement?

    Salary packaging and salary sacrifice are two options available to Defence members. Salary packaging allows employees to make after-tax contributions to their super fund or their spouse’s super fund. This is in addition to the salary sacrificed amount. The employer must make a matching after-tax employee contribution if you choose to salary package a motor vehicle. Salary packaging Salary packaging is a way for Defence employees to restructure their income so they can purchase things they need and want pre-tax. For example, salary packaging can help an employee buy a motor vehicle, airline lounge membership, or child care at a Defence or Commonwealth child care facility. It also can allow…